British stocks rose this week for the first time, bouncing back from their lowest levels since May 23.
The FTSE 100 Index increased by 0.4 percent.
Standard Chartered led the banks higher, rising 2.6 percent after it said it is on track to achieve a cost-cut target of $1 billion. Barclays Plc and John Matthey Plc gained 1.9 percent and 1.7 percent, respectively. Worseley Plc dropped 1.9 percent.
The broader FTSE All-Share Index also advanced, while Ireland’s ISEQ Index fell 0.2 percent.
The material has been provided by InstaForex Company – www.instaforex.com